31 December 2008
Procedure for Registration of Partnership Firms 1. The partners may trade any name and style they choose to adopt subject to the provisions of the Emblems & Names (Prevention of Improper Use) Act, 1950. 2. The number of persons-limited to 10 for banking and 20 for any other purpose – the minimum being 2 in both the cases. 3. A partnership deed should be drawn up in writing incorporating the necessary clauses of terms and conditions under which the partnership business is to be carried on. 4. For registration of the same, one has to file an application with the Registrar of Firms at its office in Bandra. 5. The application for Registration should be accompanied with the following documents for registration of the firm a. A certified true copy of the Partnership deed entered into. b. A certified true copy of the Marathi translation copy of the Partnership deed (if the original Partnership deed has been entered into writing in any other language) c. Court fee stamp of Re. 5 d. A Blank Envelope e. A Blank stamp paper of Rs. 20 f. Application for Registration in Form A duly filled in and notarised. g. Necessary Registration charges. Fees-320/- h. Ownership prove of principal place of business 6. On registration of the firm, the Registrar would send a copy of the Registration record on the stamp paper of Rs. 20.
31 December 2008
Proprietorship's are to be registered in certain states with municipality/corporation/panchayath under shops and commercial establishments act and profession tax act.
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